TomKirk

S32 short idea

Short
TomKirk Updated   
ASX:S32   SOUTH32 LIMITED
-27 Week drooping H&S pattern
-Potential 5 Week symmetrical triangle launching pattern
-30EMA and Bollinger Bands on a daily scale are forming to align with the short side but would not be what I call imminent signals

Will risk 100 to 150 basis points on breakout of larger pattern
Comment:
Will let this develop at this stage
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